Another new feature is auto-timing, which lets you upload the transcription of a video and it automatically generates the time codes. "All you need to do is create a simple text file with all the words in the video and we'll use Google's ASR technology to figure out when the words are spoken and create captions for your video."

Since Google's speech recognition technology is not perfect, it would be useful to generate the captions and then to manually edit them to correct the mistakes.

Automatic captions make YouTube videos more accessible: you can watch videos with the sound off and you can translate the captions into another language using Google Translate.

What would be really great is to be able to download the captions file seperately, once the timings have been automatically applied. Also, do auto-timing captions have an option to translate them or is it just the automatic speech-text ones that do?

So far I've used Google Trascribe Audio on two music videos on YouTube, and the results have been amazingly laughable. Nothing in either video translation resulted in a rational thought. Using it made me dumber. I award Google no points, and may God have mercy on its soul.

Google's voice recognition technology is not still matured to produce accurate transcription for non-American accents, or with people speaking quickly or multiple speakers audio files. If you have more than one voice it is almost impossible to get a good transcript.Better go for a manual transcription services.